chase independent limited

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chase independent limited Company Information

Share CHASE INDEPENDENT LIMITED

Company Number

00713579

Shareholders

nicholas john long

paul vincent boote

Group Structure

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Industry

Other business support service activities n.e.c.

 

Registered Address

85 railway street, hertford, SG14 1RP

chase independent limited Estimated Valuation

£439k

Pomanda estimates the enterprise value of CHASE INDEPENDENT LIMITED at £439k based on a Turnover of £800.3k and 0.55x industry multiple (adjusted for size and gross margin).

chase independent limited Estimated Valuation

£89.4k

Pomanda estimates the enterprise value of CHASE INDEPENDENT LIMITED at £89.4k based on an EBITDA of £22.9k and a 3.9x industry multiple (adjusted for size and gross margin).

chase independent limited Estimated Valuation

£116.9k

Pomanda estimates the enterprise value of CHASE INDEPENDENT LIMITED at £116.9k based on Net Assets of £49.4k and 2.37x industry multiple (adjusted for liquidity).

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Chase Independent Limited Overview

Chase Independent Limited is a live company located in hertford, SG14 1RP with a Companies House number of 00713579. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 1962, it's largest shareholder is nicholas john long with a 50% stake. Chase Independent Limited is a mature, small sized company, Pomanda has estimated its turnover at £800.3k with rapid growth in recent years.

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Chase Independent Limited Health Check

Pomanda's financial health check has awarded Chase Independent Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £800.3k, make it smaller than the average company (£4.8m)

£800.3k - Chase Independent Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 65%, show it is growing at a faster rate (6.7%)

65% - Chase Independent Limited

6.7% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Chase Independent Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 0.6% make it less profitable than the average company (5.7%)

0.6% - Chase Independent Limited

5.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (27)

2 - Chase Independent Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £54k, the company has an equivalent pay structure (£54k)

£54k - Chase Independent Limited

£54k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £400.1k, this is more efficient (£171.4k)

£400.1k - Chase Independent Limited

£171.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Chase Independent Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is quicker than average (32 days)

27 days - Chase Independent Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 494 days, this is more than average (33 days)

494 days - Chase Independent Limited

33 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)

0 weeks - Chase Independent Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.4%, this is a higher level of debt than the average (62.5%)

95.4% - Chase Independent Limited

62.5% - Industry AVG

CHASE INDEPENDENT LIMITED financials

EXPORTms excel logo

Chase Independent Limited's latest turnover from December 2023 is estimated at £800.3 thousand and the company has net assets of £49.4 thousand. According to their latest financial statements, Chase Independent Limited has 2 employees and maintains cash reserves of £9.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover800,297748,051760,589177,294998,264528,3881,520,762840,009518,63410,35627,28828,20332,69733,37671,953
Other Income Or Grants000000000000000
Cost Of Sales494,786461,147476,181111,524624,281331,937948,619520,637329,8026,68217,76318,06220,48220,4100
Gross Profit305,511286,904284,40965,769373,984196,451572,143319,372188,8333,6749,52510,14112,21512,9660
Admin Expenses300,917268,811276,08156,387370,082133,999559,408333,075194,8417,6176,62215,06017,24421,989-15,347
Operating Profit4,59418,0938,3289,3823,90262,45212,735-13,703-6,008-3,9432,903-4,919-5,029-9,02315,347
Interest Payable3,9384,4653,5312,2584743967912,4742,4401,2120001,2890
Interest Receivable4435168026189220812720901117
Pre-Tax Profit1,09914,1444,8777,1493,61762,27712,025-14,582-7,151-5,1462,903-4,918-5,028-9,02215,354
Tax-275-2,687-927-1,358-687-11,833-2,2850000002,773-2,773
Profit After Tax82411,4573,9505,7912,93050,4449,740-14,582-7,151-5,1462,903-4,918-5,028-6,24912,581
Dividends Paid0000000000000012,000
Retained Profit82411,4573,9505,7912,93050,4449,740-14,582-7,151-5,1462,903-4,918-5,028-6,249581
Employee Costs107,918102,69097,72492,84991,938132,902461,75040,07624,16241,55712,44618,80023,31025,61043,462
Number Of Employees2222231134122222
EBITDA*22,92733,11219,51719,0325,55264,10214,385-11,926-4,804-1,9584,563-2,934-3,081-5,23216,776

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets377,909396,242392,391392,747402,397403,5255,0735,4774,8214,8386,6417,9428,9179,9484,288
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)09,37488723,89423,8936060600000000
Total Fixed Assets377,909405,616393,278416,641426,290403,5855,1335,5374,8214,8386,6417,9428,9179,9484,288
Stock & work in progress670,968651,841763,8641,409800,593310,270866,954685,507285,945000000
Trade Debtors000000000002,4154,8562,74513,981
Group Debtors000000000000000
Misc Debtors5,5466,4135,4233,75813,3404,48616,34511,5042,7867,0858,9236,30112,97133,01835,836
Cash9,6857,17622,32641,6129,92440,48018,31014,0347,2798342,8377,7703,1391,0422,337
misc current assets000000000000000
total current assets686,199665,430791,61346,779823,857355,236901,609711,045296,0107,91911,76016,48620,96636,80552,154
total assets1,064,1081,071,0461,184,891463,4201,250,147758,821906,742716,582300,83112,75718,40124,42829,88346,75356,442
Bank overdraft29,00041,00053,00060,00014,046011,74112,60116,39119,39217,90915,30619,32919,81519,843
Bank loan000000000000000
Trade Creditors 37,74834,07419,33614,38242,50612,91214,5397,1791,0131,5011,2389,9485,0567,3772,041
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities937,072933,2351,075,460355,8931,166,241721,485906,482732,562304,6055,8918,13510,95812,36421,39930,147
total current liabilities1,003,8201,008,3091,147,796430,2751,222,793734,397932,762752,342322,00926,78427,28236,21236,74948,59152,031
loans000000000000000
hp & lease commitments10,91214,1850000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities10,91214,1850000000000000
total liabilities1,014,7321,022,4941,147,796430,2751,222,793734,397932,762752,342322,00926,78427,28236,21236,74948,59152,031
net assets49,37648,55237,09533,14527,35424,424-26,020-35,760-21,178-14,027-8,881-11,784-6,866-1,8384,411
total shareholders funds49,37648,55237,09533,14527,35424,424-26,020-35,760-21,178-14,027-8,881-11,784-6,866-1,8384,411
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit4,59418,0938,3289,3823,90262,45212,735-13,703-6,008-3,9432,903-4,919-5,029-9,02315,347
Depreciation18,33315,01911,1899,6501,6501,6501,6501,7771,2041,9851,6601,9851,9483,7911,429
Amortisation000000000000000
Tax-275-2,687-927-1,358-687-11,833-2,2850000002,773-2,773
Stock19,127-112,023762,455-799,184490,323-556,684181,447399,562285,945000000
Debtors-10,2419,477-21,342-9,58132,687-11,8594,8418,778-4,299-1,838207-9,111-17,936-14,05449,817
Creditors3,67414,7384,954-28,12429,594-1,6277,3606,166-488263-8,7104,892-2,3215,3362,041
Accruals and Deferred Income3,837-142,225719,567-810,348444,756-184,997173,920427,957298,714-2,244-2,823-1,406-9,035-8,74830,147
Deferred Taxes & Provisions000000000000000
Cash flow from operations21,2775,4841,998-12,033-43,795434,1887,09213,85711,776-2,101-7,1779,6633,4998,183-3,626
Investing Activities
capital expenditure0-18,870-10,8330-522-400,102-1,246-2,433-1,187-182-359-1,010-917-9,451-5,717
Change in Investments000000000000000
cash flow from investments0-18,870-10,8330-522-400,102-1,246-2,433-1,187-182-359-1,010-917-9,451-5,717
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-3,27314,1850000000000000
other long term liabilities000000000000000
share issue000000000000003,830
interest-3,495-3,949-3,451-2,232-285-176-710-2,447-2,420-1,203011-1,2887
cash flow from financing-6,76810,236-3,451-2,232-285-176-710-2,447-2,420-1,203011-1,2883,837
cash and cash equivalents
cash2,509-15,150-19,28631,688-30,55622,1704,2766,7556,445-2,003-4,9334,6312,097-1,2952,337
overdraft-12,000-12,000-7,00045,95414,046-11,741-860-3,790-3,0011,4832,603-4,023-486-2819,843
change in cash14,509-3,150-12,286-14,266-44,60233,9115,13610,5459,446-3,486-7,5368,6542,583-1,267-17,506

chase independent limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Chase Independent Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for chase independent limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SG14 area or any other competitors across 12 key performance metrics.

chase independent limited Ownership

CHASE INDEPENDENT LIMITED group structure

Chase Independent Limited has no subsidiary companies.

Ultimate parent company

CHASE INDEPENDENT LIMITED

00713579

CHASE INDEPENDENT LIMITED Shareholders

nicholas john long 50%
paul vincent boote 50%

chase independent limited directors

Chase Independent Limited currently has 2 directors. The longest serving directors include Mr Paul Boote (Dec 1991) and Mr Nicholas Long (Jan 2003).

officercountryagestartendrole
Mr Paul Boote67 years Dec 1991- Director
Mr Nicholas Long75 years Jan 2003- Director

P&L

December 2023

turnover

800.3k

+7%

operating profit

4.6k

0%

gross margin

38.2%

-0.47%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

49.4k

+0.02%

total assets

1.1m

-0.01%

cash

9.7k

+0.35%

net assets

Total assets minus all liabilities

chase independent limited company details

company number

00713579

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

January 1962

age

63

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

james chase independant limited (May 1996)

stanley vaughan & company limited (August 1987)

accountant

CHASE INDEPENDENT LIMITED

auditor

-

address

85 railway street, hertford, SG14 1RP

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

chase independent limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 7 charges/mortgages relating to chase independent limited. Currently there are 4 open charges and 3 have been satisfied in the past.

chase independent limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for CHASE INDEPENDENT LIMITED. This can take several minutes, an email will notify you when this has completed.

chase independent limited Companies House Filings - See Documents

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